FTDR vs MTC: Correlation
Frontdoor, Inc. (FTDR) and MMTec, Inc. (MTC) show a negative relationship: their 3-year correlation of weekly returns is -0.28.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are FTDR and MTC?
Across a 3-year window, the weekly returns of FTDR and MTC correlate at -0.28, negative, meaning they tend to move in opposite directions. The past 12 months show a weaker link (-0.53) than the 3-year average (-0.28). Stretching to 5 years gives -0.20, with an annualized covariance of -3191.1 %².
Out of 14 assets tracked against FTDR, MTC lands near the bottom at #12. Their recent paths diverged sharply: over the last 12 months MTC outperformed by 268.5 percentage points (+33.6% for FTDR against +302.1% for MTC). Risk is not evenly split, since MTC carries 6.0 times the volatility of the other side.
How is this computed?
Pearson correlation on weekly returns: ρ(A,B) = cov(rA, rB) / (σA · σB), over windows of 52, 156 and 260 weeks. Covariance is annualized (×52) and expressed in %². Full definitions on the methodology page.
FTDR vs MTC: side by side
| FTDR (Frontdoor, Inc.) | MTC (MMTec, Inc.) | |
|---|---|---|
| 1-year return | +33.6% | +302.1% |
| 5-year return | +91.0% | -96.8% |
| Volatility (ann.) | 43.8% | 261.2% |
| Beta vs S&P 500 | 1.31 | 0.26 |
| Max drawdown (3Y) | -40.6% | -99.6% |
| Market cap | $5.7B | $0.4B |
| P/E (trailing) | 21.9 | 5.1 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | FTDR | MTC |
|---|---|---|
| 2022 | -43.2% | -88.3% |
| 2023 | +69.3% | +29.0% |
| 2024 | +55.2% | -80.4% |
| 2025 | +5.5% | +117.8% |
| 2026 | +43.6% | +11.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are FTDR and MTC good diversifiers for each other?
By historical standards, yes. A correlation of -0.28 means the two rarely move for the same reasons.
FAQ
What is the correlation between FTDR and MTC?
The FTDR/MTC correlation stands at -0.28 on a 3-year window (1 year: -0.53, 5 years: -0.20), computed from weekly returns as of 2026-08-27.
Is MTC a good diversifier for FTDR?
By historical standards, yes. A correlation of -0.28 means the two rarely move for the same reasons.
What does a correlation of -0.28 mean?
On the −1 to +1 scale, -0.28 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/ftdr-vs-mtc.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/ftdr-vs-mtc/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: FTDR correlations · MTC correlations
